Which of the Following Propositions Is Not True of Preference

question 59

Multiple Choice

Which of the following propositions is not true of preference shares?

• A)They entitle holders to a pro rata share of any surplus assets on winding up.
• B)They entitle holders to repayment on winding up in preference to ordinary shareholders.
• C)They entitle holders to dividends at a fixed rate if and when dividends are declared.
• D)They do not generally come with voting rights.

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Definitions:

Damage

Physical harm caused to something in such a way that it is impaired or its value is diminished.

Good

Describes something as being satisfactory, beneficial, or morally right.

Groin Pull

A strain or injury to the muscles of the inner thigh, often occurring in activities requiring sudden changes in direction or speed.

Ankle Sprain

An injury to the ligaments in the ankle, usually caused by twisting or turning the ankle in an awkward way.